May 31, 2013

Syria is officially war by proxy. No denying that reality now. Click here.

Conflicting reports on Saudi Arabia says King Abdullah. First he is clinically dead, now he is going to Morocco on vacation? The King’s death could cause the Arab Spring to move into Saudi Arabia. This could be very bad for the status quo, the Middle East stability (whatever is left), and the (Petro/dollar) relationship between the US and SA.

Groovygirl is always delighted to see Monsanto get bad press. Click here. This is what happens when you play around with the DNA. You can not control/contain it after you created it. Imagine the possibilities with human DNA “modifications”?

But after lobbying from financial institutions, the CFTC lowered the requirement to two banks. CFTC officials claim the standard will increase to three banks in about 15 months.

Why would the CTFC LOWER standards? Because the banks would be broke if these derivatives, that have increased in the last 5 years, were counted as even remotely close to mark to market, all banks and their counter-parties (insurance companies, Fannie and Freddie, pension funds, sovereign funds, you, etc.) would be BROKE.

Guys, the government and banks can modify all the accounting rules they want. They did the same thing up to 2007, and it did not keep them from collapsing and taking the entire system with it. It was then that the government stepped in and printed money, which they are still doing today. The next time around, it will be a bail-in of your investments.